Ranking tables
Capital Markets (International Firms) | Global
Brazil
Rankings overview for Departments
All Departments profiles
Band 1

1 Cleary Gottlieb Steen & Hamilton LLPCapital Markets (International Firms)2026 | Band 1 | 4 Years RankedCleary Gottlieb Steen & Hamilton LLP is a top-class New York firm with a consolidated presence in the Brazilian market. It is frequently seen acting for top Brazilian companies in international capital markets offerings. The team is frequently sought after to handle American depositary receipts mandates. It also has an active practice in the equity space, handling IPOs of Brazilian companies on the New York Stock Exchange and Nasdaq, as well as follow-ons. In addition, the team has experience with the issuance of government bonds, and global and senior notes in the international market.

1 Davis Polk & Wardwell LLPCapital Markets (International Firms)2026 | Band 1 | 4 Years RankedDistinguished New York firm Davis Polk & Wardwell LLP is a popular choice for top Brazilian companies seeking investment abroad. It maintains an active office in São Paulo, and its Brazil-dedicated senior partners in New York are widely admired by market participants in Latin America's largest economy. The firm has a formidable track record of IPOs and major debt issuances and is seen as a leading force in the market.

1 Simpson Thacher & Bartlett LLPCapital Markets (International Firms)2026 | Band 1 | 4 Years RankedLeading New York firm Simpson Thacher & Bartlett LLP has a much-admired presence in the Brazilian market maintaining a well-equipped and busy office in São Paulo, in addition to its Brazil-experienced teams in New York. The firm covers the full spectrum of capital market transactions, but is particularly noted for its handling of equity deals, including major IPOs on the New York Stock Exchange, Nasdaq and B3. The team has also rapidly built a solid track record of advising on the structuring of special purpose acquisition companies in Brazil, as well as on the emission of debt securities, such as green notes.

1 White & Case LLPCapital Markets (International Firms)2026 | Band 1 | 4 Years RankedNew York firm White & Case LLP has built a leading and longstanding practice in Brazil, maintaining a sizeable São Paulo office. Its capital markets offering is one of the most sought after by high-end clients in need of assistance with US securities regulation. Market entrants encounter a distinguished international practice well versed in the particularities of the Brazilian market. Key companies and financial institutions also maintain a long-term relationship with the firm and rely on it for their securities offerings in and outside Brazil. White & Case has also built a solid portfolio of IPOs for Brazilian companies and investors in New York markets, including on the NYSE and Nasdaq.
Band 2

2 Milbank LLPCapital Markets (International Firms)2026 | Band 2 | 4 Years RankedNew York firm Milbank LLP maintains a high-end practice in Brazil, with key São Paulo-based partners. Its activity on a wide range of cross-border offerings is noted by market participants. It frequently teams up with local firms to act on prominent bond offerings and equity deals. Its recent work portfolio includes sustainability-linked bond issuances and IPOs.
Band 3

3 A&O ShearmanCapital Markets (International Firms)2026 | Band 3 | 4 Years RankedA&O Shearman benefits from its long-term dedication to Brazil. It maintains a strong office in São Paulo handling capital markets mandates for blue-chip companies. The team handles a wide range of debt and equity mandates, including IPOs and bond and tender offerings. It is particularly noted for its longstanding relationship with key clients in the market.

3 Clifford ChanceCapital Markets (International Firms)2026 | Band 3 | 4 Years RankedEnglish magic circle firm Clifford Chance maintains a respected presence in Brazil. Its team covers the full spectrum of capital markets mandates and is particularly sought out by banks and financial institutions tapping the international market or working as underwriters in prominent cross-border offerings. It is also noted for handling innovative matters, including SPACs and sustainability-linked bonds.

3 Hogan LovellsCapital Markets (International Firms)2026 | Band 3 | 2 Years RankedHogan Lovells comes highly recommended for handling capital markets-related work within the Brazilian market. The firm provides advisory services to domestic and international clients, in relation to a wide range of equity and debt transactions.

3 LinklatersCapital Markets (International Firms)2026 | Band 3 | 1 Years RankedLinklaters is a globally recognised firm that has extended its capital markets expertise to Brazil. Its São Paulo office is staffed with experienced lawyers handling equity and debt transactions, with expertise in sophisticated instruments such as green bonds, senior notes and issuance of shares.

3 Skadden, Arps, Slate, Meagher & Flom LLP & AffiliatesCapital Markets (International Firms)2026 | Band 3 | 4 Years RankedLeading New York firm Skadden, Arps, Slate, Meagher & Flom LLP & Affiliates is a strong player in Brazil, maintaining high-level dedication and a strong track record of capital market transactions in this market. It provides assistance with both equity and debt mandates. It frequently advises foreign companies capitalising in Brazil, as well as Brazilian companies issuing securities in and outside the country.

3 Winston & Strawn LLPCapital Markets (International Firms)2026 | Band 3 | 2 Years RankedSão Paulo-based Winston & Strawn LLP is a go-to adviser for clients across the finance, energy and infrastructure sectors, frequently consulted on IPOs and follow-on equity offerings. The firm is also highly regarded for its strategic consultancy services.